Wed, 11 Mar 2020 | BUSINESS SALE
West Yorkshire party supplies wholesaler Iparty Ltd has been acquired out of administration by Party Centric Ltd.
Shipley-based Iparty Ltd was established in 2015 when part of the Regent Greeting Cards company was acquired out of administration.
The company specialised in the supply of party products, greeting cards and other related supplies, under a wide range of different brands.
According to Iparty Ltd’s most recent accounts, to the year ending January 31 2018, the company at the time held total current assets of close £1.5 million, along with total current liabilities of £1.2 million.
Its net worth at the time of filing was over £282,200. However, on March 4 2020, the company appointed David Willis and Phil Pierce, partners at advisory firm FRP, as joint administrators.
Following their appointment, the joint administrators have now completed the sale of the business and its assets to Party Centric Ltd. All of Iparty’s employees will also be transferred to Party Centric as part of the sale.
After the announcement of the sale, the company has filed notice that its registered office will move address from Regent House on Shipley’s Dockfield Road to the East Parade in Leeds.
This well-established NW based business has been trading since 2004 providing uPVC windows and doors, orangeries, bi-folding doors, sun lounges, roofs, timber frames, rock & composite doors.
This well established business has been providing cooked meats and food to retailers for over 30 years and also has several mobile refrigerated vehicles on the road doing the rounds to local businesses catering for their staff. The client delivers hu...
This well-established business has been trading since 2008 based in Cheshire and currently working from home. The vendor is a commodities trader specialising in the trading of edible nuts and dried fruits in bulk worldwide.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.